¡Hola Denton! — Univision buys Gawker Media for US$135 million

Gawker has a new owner — Univision Communications.

Univision is currently probably best known for owning Onion Inc. (The Onion, AV Club, ClickHole) and Fusion. They also run the Univision TV channel, which focuses on Latin American audiences.

Gawker Media founder Nick Denton’s statement on the sale:

Gawker Media Group has agreed this evening to sell our business and popular brands to Univision, one of America’s largest media companies that is rapidly assembling the leading digital media group for millennial and multicultural audiences. I am pleased that our employees are protected and will continue their work under new ownership — disentangled from the legal campaign against the company. We could not have picked an acquirer more devoted to vibrant journalism.”

And with that another indie bites the dust.